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MEITUAN PRICE WAR
Chinese food delivery giants surge as regulator, state media call end to price warShares of delivery platform Meituan surged on Wednesday after Chinese state media and the regulator urged the industry to end a bleeding ...- China probes competition among food delivery platforms to curb price warChina will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan and Alibaba, aiming to r...
- Jack Ma returns to Alibaba amid AI push, market challengesJack Ma has returned to Alibaba’s offices and is more involved than he has been since 2019, Bloomberg reports. Although he holds no formal ...
- Jack Ma returns with a vengeance to ‘Make Alibaba Great Again’Jack Ma, after a period away from the public eye, has returned to Alibaba, becoming actively involved in the company's strategic direction....
- Alibaba mapping app steps into local business rankings, intensifying competitionAlibaba and Meituan are among the prominent tech companies in China locked in a bitter battle for market share in "instant retail", floodin...
- China's ecommerce companies are getting singed by a price warThe likes of Alibaba, Meituan and JD.com have been flooding consumers with discounts and coupons to gain market share in the booming one-ho...
- Chinese food delivery company Meituan's profit slides as competition intensifiesMeituan has nearly 70% of China's delivery market but the company warned that the defence of its customer base will prove expensive in the ...
- JD. com faces battle to gain ground in China's instant delivery marketThe company has poured billions into JD Takeaway, the food-delivery unit it launched in February, to cut reliance on a core retail business...
- Chinese retailer JD to launch five discount stores as competition intensifiesThe first outlet in Zhuozhou will span 5,000 square metres and will carry everything from detergent to chocolate, with prices intended to b...
- Chinese ecommerce leaders brush off regulatory risk to continue 'instant retail' price warChina’s top ecommerce platforms Alibaba, JD.com and Meituan are locked in a fierce instant retail price war, offering near-free deliveries ...
- India’s e-commerce stocks Swiggy and Eternal outrun Chinese peers on profit hopesIndia’s top e-commerce and quick-commerce stocks have surged ahead of local indices and regional peers, driven by renewed investor confiden...
- China publishes draft guidance for online-platform merchant feesThis is the latest in a series of steps by Beijing to support local merchants that are under pressure from a sluggish local economy and a t...
- Chinese ecommerce giants make expensive bets on fast deliveriesThe new turf war focused on speed is coming at a high cost in the short term as the ecommerce giants look to entice consumers with hefty di...
- China's JD.com moves into food delivery, starts recruiting restaurantsCatering merchants who register with JD Takeaway before May 1 will enjoy commission-free services for the entire year, it said.
- China ecommerce giant JD set for $1.4 billion discount spreeThe campaign has spurred concerns that larger rival Alibaba Group Holding Ltd. or upstart PDD Holdings Inc. may retaliate with cuts of thei...
- A $33-billion hit shows China's newest stock worryA report this week that JD.com Inc. is launching a subsidy campaign to fight back against the advances of rival PDD Holdings Inc. sent fres...
- Bond rout pushes cash back in to stocksBond markets extended their retreat as investors braced for the Federal Reserve to take an even more aggressive approach to taming inflatio...
- Zomato serving a hot but pricey IPO during a tech cold warA law on personal data protection, and another on use of non-personal information, may be up next. That could be important for Zomato.
- How a newcomer is dishing out a tough time for AlibabaA gruelling fight between market leaders Meituan and Alibaba is reshaping life for billions of shoppers in China’s busiest cities
- China's unicorns race to IPO as Silicon Valley waits patientlyFive initial public offerings have helped at least 16 tech bigwigs ring up a combined $48 billion of net worth at the time of the IPOs, acc...
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